Amazon is wildly profitable but it’s still taking huge losses overseas
Amazon reported first quarter earnings results today with eye-popping sales of $51 billion, up by nearly 43 percent year over year, and a net profit of $1.6 billion. That means it's another strong quarter for CEO Jeff Bezos, whose e-commerce juggernaut continues to defy expectations and earn money … social experiment by Livio Acerbo #greengroundit